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Dec 6, 2013
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how long before we decide, object, the economy is improves? at the current rate we're going which is too slow, we'll be at two plus more years of unemployment rate at about 6.5%. what we really need to do is to create jobs. better jobs. this is where the minimum wage starts to come in. all the strikes we've been noticing. these are workers, especially fast food places that are demanding much higher wages than they're colonelly getting which is a start. >> we're talking about raising the minimum wage. nancy, rand paul, senator paul was in detroit today. and he laid out an economic strategy. some of which i like and some of which i think was problematic. one of the things he said he wanted to do was to lift the requirements of paying prevailing wage and paying a wage to construction workers that for union construction workers. he said i want to lift that burden from construction companies. we've been talking about raising the wage. do you think it is an i crease in prosperity? >> i think it could be if it creates jobs. as someone who had a recor
how long before we decide, object, the economy is improves? at the current rate we're going which is too slow, we'll be at two plus more years of unemployment rate at about 6.5%. what we really need to do is to create jobs. better jobs. this is where the minimum wage starts to come in. all the strikes we've been noticing. these are workers, especially fast food places that are demanding much higher wages than they're colonelly getting which is a start. >> we're talking about raising the...
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Dec 9, 2013
12/13
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>> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have murray on one side and paul ryan, the congressman. if the two of them can come up with something, even if it's a small deal, what would that do to economic growth in the first half of next year? >> certainty is never good for the economy. uncertainty driven by policy. it's certainly not good for the economy. i feel quite good that murray and ryan are on this. two serious legislatures. they want to come to a deal. it's not going to be a grand bargain. we're not going to see the fundamental restructuring that we need to see. that can will be kicked down the road as it has been. even
>> janet yellen is looking at a economy that's recovered a little bit. there's no sign of inflation. on the other hand what they're doing right now is extraordinary. i don't think they really felt comfortable doing these extraordinary things the and they'd like to stop doing them as soon as they can. >> we know in washington the two sides of the aisle have not had many things that they have had in common. it looks like we could get some sort of a small budget deal. if you have...
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Dec 7, 2013
12/13
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i think the economy is not performing the way we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of other things, health care has going up, real wages have been frozen. you're familiar with the budget problem that we face. there is a growing disparity between the haves and have nots in our society and that should concern all of us over time. and all these things are in some ways int related. so if i would pick one thing i would agree with what john had to say. what is our comparative advantage? how do we grow this economy in a very competitive world and in particular how do we empower, not just give but empower our citizens through hard work and thrift and all those sorts of things to enjoy some of the fruits of that growth particularly the third that aren't getting the education, the kids that aren't getting the quality of education that they need to be economically relevant in a competitive global economy. that's what i would focus on. i a
i think the economy is not performing the way we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of other things, health care has going up, real wages have been frozen. you're familiar with the budget problem that we face. there is a growing disparity between the haves and have nots in our society and that should concern all of us over time. and all these things are in some ways int related....
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Dec 4, 2013
12/13
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. >> is it stuffer at a time when the economy is not robust when the state's in which these cities and counties are located are also feeling a lot of strain, is it tough for put these restructuring deals together? >> the state plays a significant role in the fiscal health of the city. they offer state aid to local governments. that makes up a third of the city revenues. when cities cut back due to their own fiscal pressures local governments experience a lot of fiscal squeeze as well. >> are there fewer good choices when you're finally pushed to make a bankruptcy declaration. >> bankruptcy is a measure of last resort. joining anybody enjoys having to papaying pensioners, or putting cops on the street or fixing potholes and doing things that create vibrant cities. when they declare bankruptcy it is an indication they have got themselves backed in a corner that they cannot get out of. >> pennsylvania is a sizable place with an enormous budget. what got the city there and how did it get out? >> there were two problems. on a regular basis the revenues that the city could generate through t
. >> is it stuffer at a time when the economy is not robust when the state's in which these cities and counties are located are also feeling a lot of strain, is it tough for put these restructuring deals together? >> the state plays a significant role in the fiscal health of the city. they offer state aid to local governments. that makes up a third of the city revenues. when cities cut back due to their own fiscal pressures local governments experience a lot of fiscal squeeze as...
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Dec 5, 2013
12/13
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the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the future looked brighter than the past. and for some, that meant following in your old man's footsteps at the local plant, and you knew that a blue-collar job would let you buy a home, and a car, maybe a vacation once in a while, health care, a reliable pension. for others, it meant going to college -- in some cases, maybe the first in your family to go to college. and it meant graduating without taking on loads of debt, and being able to count on advancement through a vibrant job market. now, it's true that those at the top, even in those year
the economy didn't always work for everyone. racial discrimination locked millions out of poverty -- or out of opportunity. women were too often confined to a handful of often poorly paid and it was only through painstaking struggle that more women, and minorities, and americans with disabilities began to win the right to more fairly and fully participate in the economy. nevertheless, during the post- world war ii years, the economic ground felt stable and secure for most americans, and the...
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is not unique to america's market economy across the developed world that inequality has increased some some you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people in the united states every year die from lack of health health care for example adam smith a brilliant economist and minister whose book theory of moral sentiments should be read long before explains in the book the senate moral sentiments ups or another matter what the basis in this book that he wrote on the right or the theory of bill explains that when an earthquake kills ten thousand people in china we don't feel it and we're not as impacted the way we are when one of our neighbors has a break a leg or falls it's just every ality of how humans work that's no indictment on any particular econo
is not unique to america's market economy across the developed world that inequality has increased some some you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people...
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Dec 8, 2013
12/13
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that will have a long-term impact on the economy. it was this belief that we have to get out of opportunity sharing into success sharing that has driven much of what i talk about on education. therefore if you start to think , about that, it changes your whole view of education. i did step into a situation with one of the largest achievement gaps along racial lines. that is the reality in connecticut. we have high highs and very low lows. in many cases, they are in at joining zip codes. -- adjoining zip codes. we needed to do something about that. we need to hold ourselves accountable for what we are doing. i have to say that i am envious of teachers. their ability to impact on an intergenerational basis the , young people and the families is this unbelievable gift that many have accepted as their calling. none of us are perfect, the reality is the state of connecticut is filled with teachers working very hard to get it right. they are demonstrating a willingness to change methods, a fundamental change being embraced in the state of
that will have a long-term impact on the economy. it was this belief that we have to get out of opportunity sharing into success sharing that has driven much of what i talk about on education. therefore if you start to think , about that, it changes your whole view of education. i did step into a situation with one of the largest achievement gaps along racial lines. that is the reality in connecticut. we have high highs and very low lows. in many cases, they are in at joining zip codes. --...
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is not unique to america's market economy across the developed world that inequality has increased. so you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people in the united states every year die from lack of health health care for example adam smith a brilliant economist and minister whose book theory of moral sentiments should be read long before explains in the book the senate moral sentiments ups or another what the basis in this book that he wrote on the right of the theory of bill explains that when an earthquake kills ten thousand people in china we don't feel it and we're not as impacted the way we are when one of our neighbors has a break a leg or falls it's just every ality of how humans work that's no indictment on any particular economic syste
is not unique to america's market economy across the developed world that inequality has increased. so you may have seen just last week the pope himself spoke. about this at eloquent length how going to be he wrote that it's not a news item when an elderly homeless person does but suppose you are but it is news when the stock market loses two points so what do you think. why why should it be news when the stock market drops two points but the fact that you know forty forty thousand people in...
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Dec 6, 2013
12/13
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i want to emphasize that although the economy has improved, it is far from a healthy economy that provides job opportunities for all who need and want to work, particularly the long-term unemployed. unemployment remains higher than it was before the recession and it has kicked down a little bit since the last time the program was renewed but in reality, that's because of labor force dropouts as opposed to a real decline in unemployment. if we included all the missing workers in our unemployment count, unemployment today would be 11%. this is not the kind of economy in which people struggling with long-term unemployment can find jobs. there are still officially three unemployed workers for every single job opening which means each month to out of three unemployed workers is completely out of luck when it comes to finding a job. second, i want to talk about the demographics of the long-term unemployed because this is important. the demographics are part in it are part of who lost jobs first and who suffered the most. while unemployment has cut across every demographic rubin our economy, work
i want to emphasize that although the economy has improved, it is far from a healthy economy that provides job opportunities for all who need and want to work, particularly the long-term unemployed. unemployment remains higher than it was before the recession and it has kicked down a little bit since the last time the program was renewed but in reality, that's because of labor force dropouts as opposed to a real decline in unemployment. if we included all the missing workers in our unemployment...
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Dec 4, 2013
12/13
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CNBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> narrator: in this episode of "american greed"... a pharmaceutical giant is accused of putting profits over patients. pfizer pharmaceuticals goes beyond fda limits and pushes a pain pill called bextra to the masses. >> this was about putting bottom line above the patients' lives, and that's wrong. >> narrator: the illegal marketing has already cost some the ultimate price. [ monitor beeping ] and later, in southern california, jeanetta standefor convinces 600 investors their cash is rescuing homeowners from foreclosure. >> it felt like everyone was going to win. >> narrator: the would-be marketing mogul relies on
rowe price, we understand the connections of a complex, global economy. it's just one reason over 70% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> narrator: in this episode of "american greed"... a pharmaceutical giant is accused of putting profits over patients. pfizer...
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Dec 6, 2013
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the jobs and foreign currency which tourism generates will strongly influence our economy. the active and imaginative intervention of all stake stakeholders in this area of our national life must take advantage of the excellent atmosphere created by our peaceful transition to democracy to make tourism a major positive force in the future. we look forward to the private sector as a whole playing a central role in achieving the significantly high and sustainable rates of economic growth. we are convinced that the growth prospects of this sector will be enhanced by the measures of fiscal discipline contained in our approach to the reconstruction and development programme by the continued steady course of monetary policy. furthermore as growth proceeds, more domestic savings will progressively become available to finance increased investment at reasonable rates of interest. the government is also acutely conscious of the fact that we should work firstly to return the capital account of the balance of payments to equilibrium and, in due course, to ensure a net inflow of resource
the jobs and foreign currency which tourism generates will strongly influence our economy. the active and imaginative intervention of all stake stakeholders in this area of our national life must take advantage of the excellent atmosphere created by our peaceful transition to democracy to make tourism a major positive force in the future. we look forward to the private sector as a whole playing a central role in achieving the significantly high and sustainable rates of economic growth. we are...
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Dec 4, 2013
12/13
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good news in the real economy could make the fed
good news in the real economy could make the fed
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Dec 2, 2013
12/13
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KQED
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authorities fear the protests could damage the nation's economy, particularly its $6 billion a year tourism industry. >>> it was a day of mourning in scotland today, a day after a police helicopter crashed into a pub, killing at least eight people. our british partner itv reports from glasgow. >> across scotland, people paid their respects today. a minute silence was held before the scottish cup match with celtic. ♪ and a special service was held at glasgow cathedral, just a few hundred yards from the street of the cash. the police chaplain has been supporting bereaved officers and those who have worked long, difficult hours here. >> we have seen the courage of glasgow. we've seen the sadness. and then we'll see that drive and that passion and that life and that humor come back to the force. >> with all real hope of rescue now gone, a recovery operation is underway at the bar in glasgow. piece by careful piece, the wreckage of the police helicopter is being removed, but it's a delicate process. much of the building has collapsed and bodies still lie inside. bandaged and bruised, gary was
authorities fear the protests could damage the nation's economy, particularly its $6 billion a year tourism industry. >>> it was a day of mourning in scotland today, a day after a police helicopter crashed into a pub, killing at least eight people. our british partner itv reports from glasgow. >> across scotland, people paid their respects today. a minute silence was held before the scottish cup match with celtic. ♪ and a special service was held at glasgow cathedral, just a...
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Dec 8, 2013
12/13
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the pell grant program is a lifeline for the economy. for african-american and latino students, education is the only steppingstone out of poverty. there are very few dollars to inherit from the family trust. there are very few african- americans and latinos that can save enough to send their children to college so the pell grant is key. we need more students to undertake higher education in order to close the skill gap and boost nativity. but so many families are struggling to cover rising costs. thee some exaggerate funding gap with regard to pell, the fact is the program has been cut by more than $50 billion and is projected to remain stable. know theortant to growth and pell grant costs has number ofo the eligible students in this time of high unemployment. not due to policy change. what this says to me is we can reduce the cost of the pell grant program by getting americans working again. once we can get americans working again, we will have fewer enrollees and fewer families requiring assistance. this congress has to turn back to i
the pell grant program is a lifeline for the economy. for african-american and latino students, education is the only steppingstone out of poverty. there are very few dollars to inherit from the family trust. there are very few african- americans and latinos that can save enough to send their children to college so the pell grant is key. we need more students to undertake higher education in order to close the skill gap and boost nativity. but so many families are struggling to cover rising...
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Dec 5, 2013
12/13
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ALJAZAM
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that has driven its economy. it has made men rich yet kept most here poor, and so see this moment as a season of change. >> last week, a california judge dealt the rail project a setback denying a request to speed up construction for a 14 mile route from fresno to bakersfield. >> in our next segment, south of the border where drug violence and heartache rule the streets. the people of ciudad juarez are playing for keeps. >> start with one issue ad guests on all sides of the debate. and a host willing to ask the tough questions and you'll get... the inside story ray suarez hosts inside story weekdays at 5pm et / 2pm pt only on al jazeera america the stream is uniquely interactive television. in fact, we depend on you, your ideas, your concerns. >> all these folks are making a whole lot of money. >> you are one of the voices of this show. >> i think you've offended everyone with that kathy. >> hold on, there's some room to offend people, i'm here. >> we have a right to know what's in our food and monsanto do not ha
that has driven its economy. it has made men rich yet kept most here poor, and so see this moment as a season of change. >> last week, a california judge dealt the rail project a setback denying a request to speed up construction for a 14 mile route from fresno to bakersfield. >> in our next segment, south of the border where drug violence and heartache rule the streets. the people of ciudad juarez are playing for keeps. >> start with one issue ad guests on all sides of the...
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that would support wiki leaks war in this case just ahead and get ready for the next evolution of the economy this time it's going digital bitcoin continues to skyrocket in value while its new rival light coin attempts to level the playing field one the growth of crypto currency coming up and in detroit a federal judge has ruled that the city cannot file for bankruptcy now public workers worry over potential hits to their pensions is the city balancing its budget on the backs of work herds and in-depth look at how the motor city is trying to restart its economic engine later in the show. it's thursday december fifth four pm in washington d.c. i'm meghan lopez and you are watching our t.v. well starting off this hour fourteen so-called computer hacktivists associated with anonymous appeared in california federal court today over charges that they conducted a quarter dated cyber attack on pay pal. master card now the distributed denial of service attack or the d.d. o. s. hack overwhelmed pay pal's online services back in two thousand and eleven and temporarily knocks the company off line today
that would support wiki leaks war in this case just ahead and get ready for the next evolution of the economy this time it's going digital bitcoin continues to skyrocket in value while its new rival light coin attempts to level the playing field one the growth of crypto currency coming up and in detroit a federal judge has ruled that the city cannot file for bankruptcy now public workers worry over potential hits to their pensions is the city balancing its budget on the backs of work herds and...
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Dec 4, 2013
12/13
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ALJAZAM
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gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america determining using some sort of subjective interpretation of their policy as to whether or not your particular report was actually abusive, because if it doesn't contain language that specifically threatens you directly or is targeted towards you specifically, they may not consider it abuse. they may consider it offensive. and in that case they just recommend that you block that person. >> i don't want to minimise this, because i mean, there's some really horrible things that are on line, and it's not - it's not just twitter, what has happ
gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and...
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Dec 8, 2013
12/13
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that's very damaging to our economy. estimates are that every dollar invested in unemployment insurance pays back 1.6 to $2 in added growth of gdp. secondly, we know that unemployment insurance is an effective anti-poverty tool and we care about that in this country. the census bureau reported that in 2012, unemployment insurance alone kept 1.7 million americans out of poverty including close to half a million children. as congresswoman del lore row said, it is scandalous that in the richest nation in the world that one in six americans is living in poverty. and the least that this congress can do is make sure that it doesn't exacerbate that problem by cutting off the vital income that millions of americans rely upon. finally, i want to just put to rest the kin nard that long-term unemployment insurance keeps people unemployed. number one, that reflects that people who say that don't understand how unemployment is officially counted. one is only counted as unemployed if one is looking for work. the long-term program requ
that's very damaging to our economy. estimates are that every dollar invested in unemployment insurance pays back 1.6 to $2 in added growth of gdp. secondly, we know that unemployment insurance is an effective anti-poverty tool and we care about that in this country. the census bureau reported that in 2012, unemployment insurance alone kept 1.7 million americans out of poverty including close to half a million children. as congresswoman del lore row said, it is scandalous that in the richest...
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but why i like it, it is basically a play on the rebound in american economy. as consumers begin to have more discretionary income they produce apparel for men and women in all levels of income. and they do it is basically over the last year they have been able to enter higher-margin businesses and the retail side versus their traditional wholesale based business. and management has a very strong track record of expanding margins of the last years and has been able to grow revenue at a double-digit clip for the last eight years as well. melissa: you guys have a unique perspective and to what is going on in the college campus. how does that impact your investment? is there anything you have seen around campus that you think is a good investment that the rest of us would be missing? >> you know, i think this kind of goes along with what we were talking about with a terrible technology. a revolutionary idea, but it is something that college kids probably would not accept or adopt very early, but the samsung's galaxy gear is a revolutionary technology. you can actu
but why i like it, it is basically a play on the rebound in american economy. as consumers begin to have more discretionary income they produce apparel for men and women in all levels of income. and they do it is basically over the last year they have been able to enter higher-margin businesses and the retail side versus their traditional wholesale based business. and management has a very strong track record of expanding margins of the last years and has been able to grow revenue at a...
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Dec 9, 2013
12/13
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CSPAN2
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it's cost the economy severely, it's hurt job creation. as economist mark zandi recently noted as long as lawmakers stay deadlocked over the direction of the federal budget, the economic recovery will not gain momentum. so i'm very hope thankful we can reach a deal that will provide the proaftions committee with a road map for the rest of 2014 and 2015. i've heard from a lot of small businesses in new hampshire that one of the challenges they're currently facing post-government shutdown and certainly for so many small businesses and families they were hurt by that government shutdown which cost the economy about $24 billion and they're now looking at what the potential impact in the future will be from sequestration. those spending cuts have halted federal contracts in many cases for small businesses, they've caused uncertainty that's affecting job creation in hiring, and one of the new hampshire business owners who i met with recently said you hear about why c.e.o.'s are hesitant to hire, well, this is why. this uncertainty around sequest
it's cost the economy severely, it's hurt job creation. as economist mark zandi recently noted as long as lawmakers stay deadlocked over the direction of the federal budget, the economic recovery will not gain momentum. so i'm very hope thankful we can reach a deal that will provide the proaftions committee with a road map for the rest of 2014 and 2015. i've heard from a lot of small businesses in new hampshire that one of the challenges they're currently facing post-government shutdown and...
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Dec 2, 2013
12/13
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MSNBCW
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the local economy is finally on the rebound, and people are out on the streets again looking to celebrate and have a good time. to some, that means buying a woman for sex. >> hey, it's sanchez. >> state trooper richard sanchez is part of the michigan human trafficking task force. >> they say my girl is walking the track right now by telegraph and graham river and what she's wearing is blue jeans and a black coat. she goes by honey. the task force combines the talents of federal, state and local investigators to combat michigan's growing underground sex trade. >> put your hands together, okay? >> a lot of these girls have ran away from home, or do not have the support at home or the love they feel, the attention they need at home. so when they leave home, these predators and pimps start to locate them, manipulate them, groom them, and they feel loved. somebody cares about them. whether it's mental, physical, emotional abuse, it's still a type of affection. >> tonight, the team will be traveling from hotel to hotel. >> why don't we do 16 van dike up there? we have tons of motels. >> underco
the local economy is finally on the rebound, and people are out on the streets again looking to celebrate and have a good time. to some, that means buying a woman for sex. >> hey, it's sanchez. >> state trooper richard sanchez is part of the michigan human trafficking task force. >> they say my girl is walking the track right now by telegraph and graham river and what she's wearing is blue jeans and a black coat. she goes by honey. the task force combines the talents of...
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Dec 8, 2013
12/13
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. >> i think over the next year the us economy will be better. >> i hear that it is supposed to be improving but i can't tell you how many people around me are unemployed and struggling. >> the federal deficit affects just because way everything is related to everything and it trickles down. >> it is more difficult to get salary and benefits. of ae most likely impact federal deficit is fewer job opportunities. >> hopefully in my lifetime it see for mytter but i children if it continues to go the way is in this world they're going to have it rough. >> the shutdown definitely affected many people in this country. >> if we lose trust or a sense of security -- >> i think the ederal shutdown means that find optimism for america based on the fact that we persevere and keep going. we don't give up and we stick together. i think that will get us through. >> there's a lot of negative news about the country going downhill, but the american spirit is so positive and you can always find the silver lining. it is who we are as people. we can't really focus on anything negative. you know what? that is what
. >> i think over the next year the us economy will be better. >> i hear that it is supposed to be improving but i can't tell you how many people around me are unemployed and struggling. >> the federal deficit affects just because way everything is related to everything and it trickles down. >> it is more difficult to get salary and benefits. of ae most likely impact federal deficit is fewer job opportunities. >> hopefully in my lifetime it see for mytter but i...
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Dec 6, 2013
12/13
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five years later, our economy has steadily grown. this is have created nearly a million jobs over the past 44 months. our housing market is recovering. and our financial system is stronger and once again an engine for economic growth. a lot of progress has been made and one of the main drivers has been extensive work of agencies and regulators to repair a badly damaged financial system. as regulators complete the remaining core element of wall street reform, there are four things we need to keep in mind. first, the rules of the road must be effective and designed to address the modern financial markets. second, we must make sure that regulators have the resources necessary to get the job done and that they are held accountable. third, other countries need comparably strong standards and mechanisms to address risks that reach across borders. and finally, we must remain vigilant to potential new threats constantly monitoring the way risks change and evolve and pursuing reforms to reduce risks stemming from both traditional banking and
five years later, our economy has steadily grown. this is have created nearly a million jobs over the past 44 months. our housing market is recovering. and our financial system is stronger and once again an engine for economic growth. a lot of progress has been made and one of the main drivers has been extensive work of agencies and regulators to repair a badly damaged financial system. as regulators complete the remaining core element of wall street reform, there are four things we need to...
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Dec 6, 2013
12/13
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our economy was shrinking. credit was frozen, our auto industry was sliding towards the abyss and millions of americans were losing their homes. to make matters worse to contain the damage and keep our economy from melting, the american taxpayers were forced to provide extraordinary assistance to financial institutions and other companies many of which have taken risks attributed to the economic crises. the president faced an economy teetering on the edge in response, he quickly moved to put out the financial fires, restore growth and get people back to work. he was determined to make sure a financial crisis like this never happens again. this effort produced the most comprehensive over hall of our financial system since the great depression. bringing our financial system into the 21st century and creating tools to create a ever changing market institutions. these reforms created the strongest new financial safeguards for co'sumer and investors in nearly a century. in the matáer of law, they state clearly no f
our economy was shrinking. credit was frozen, our auto industry was sliding towards the abyss and millions of americans were losing their homes. to make matters worse to contain the damage and keep our economy from melting, the american taxpayers were forced to provide extraordinary assistance to financial institutions and other companies many of which have taken risks attributed to the economic crises. the president faced an economy teetering on the edge in response, he quickly moved to put...
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Dec 6, 2013
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down and increasing payroll across the country to drive the economy. i would join you in supporting the legislation passing the jobs bill that we have for so long. what we need is to pass legislation to create jobs and we are just waiting for the leadership to do so. >> i can appreciate that it is jobs. we may disagree on what stimulates jobs. ideal even lower taxes, less regulation, less government interference and certainly we will have some other questions today to indicate to the impact of the aca. what i've heard today about, and i'm a small business guy. we have the mantra grow or die and if you don't, you aren't doing what you should as a notch up in orbit growth requires capital. accounts receivable, inventory, etc. any and all dollars wasted on the regulatory burden such as the business aggregation rules and hiring a tax expert is in fact the dollar that is not available to invest and grow. so i get gas briefly we have a lot of members to ask questions, but just to reaffirm, i think i heard it in your testimony, but we would like to go down th
down and increasing payroll across the country to drive the economy. i would join you in supporting the legislation passing the jobs bill that we have for so long. what we need is to pass legislation to create jobs and we are just waiting for the leadership to do so. >> i can appreciate that it is jobs. we may disagree on what stimulates jobs. ideal even lower taxes, less regulation, less government interference and certainly we will have some other questions today to indicate to the...
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Dec 6, 2013
12/13
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are we going to keep having this kind of trickle-down austerity economy? that's the real question here. in both places there's going to be a lot of lawsuits. the last thing adults say about illinois is this as well. about why i think illinois in particular is political as opposed to economic. last year the union in illinois, led by the illinois federation of teachers, the unions in illinois actually negotiate with the state senate, a pension package that created roughly the same amount of savings. that package went nowhere. and instead this one, which actually is taking -- remember what i said about most of these folks have no social security. this is now basically cutting any cost-of-living increases that retirees had going forward. and i'm sorry, illinois number is about 100,000. >> thank you. we're going to go to paul. >> on the same subject, generally been do you have an idea on some of the countries and their collective responsibilities? what is your idea? everyone is worried about social security crashing, and a lot of people just being left on the s
are we going to keep having this kind of trickle-down austerity economy? that's the real question here. in both places there's going to be a lot of lawsuits. the last thing adults say about illinois is this as well. about why i think illinois in particular is political as opposed to economic. last year the union in illinois, led by the illinois federation of teachers, the unions in illinois actually negotiate with the state senate, a pension package that created roughly the same amount of...
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because i'm not going to and i want to hear directly from the economy. i'm. going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government was a lot is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this stat or whether the methods which we have applied so far out adequate . but it's especially awkward and ironic for the corporate and political status for it to be remarked on mandela's legacy today because the vast majority of these people still support apartheid see a system that gives racial discrimination legitimacy is alive and well in a little country called israel and every year three billion dollars of taxpayer money is used to sponsor israel's apartheid state and oppression against the palestinians so as we commemorate the life of an amazing leader and civil rights activist let's not let them white wash his real legacy third that's our show you guys thanks for watching and have a
because i'm not going to and i want to hear directly from the economy. i'm. going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government was a lot is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this stat or whether the methods which we have applied so far out adequate . but it's especially awkward...
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Dec 8, 2013
12/13
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CSPAN
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the economy is growing almost at an average of 5.0%. we have been creating jobs for 14 months in a row. we had a performance of 40 months, month after month, the unemployment rate was going down. we can say that very proudly colombia has created more jobs than any other country in latin america, including brazil. this is something which i think is very important. the jobs that we have been creating for the first time our formal jobs instead of informal jobs. we have put in place specific and focused public policies and ,aken action to fight poverty extreme poverty. peru,sides through -- which has been the country that has performed better in this are theafter peru we best performer in the whole region in terms of decreasing poverty. and also against extreme poverty we have put in place specific actions and we have been able to take on extreme poverty more than one million -- for more than one million colombians. one of the big problems that we bottlenecks for a sustainability in the long run was how unequal the country was. the social i
the economy is growing almost at an average of 5.0%. we have been creating jobs for 14 months in a row. we had a performance of 40 months, month after month, the unemployment rate was going down. we can say that very proudly colombia has created more jobs than any other country in latin america, including brazil. this is something which i think is very important. the jobs that we have been creating for the first time our formal jobs instead of informal jobs. we have put in place specific and...
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Dec 6, 2013
12/13
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are we going to have a progrowth, pro-investment, pro- middle-class economy? or are we going to keep having this trickle-down austerity economy? that is the real question here. in both places there is going to be a lot of lawsuits. the last thing i will say that illinois this as well, and why i think illinois in particular is political as opposed to economic. last year, the unions in illinois, led by the illinois federation of teachers, the unions in illinois actually negotiated with the state senate a pension package that created roughly the same amount. that package went nowhere. instead, this one, which is actually taking -- remember what i said about most of these folks have no social security. this is now basically cutting annual cost-of-living increases that retirees had going forward. i am sorry, the illinois number is about 100,000. >> we will go to another question. your hand signal is so subtle. we will go to you after this. >> on the same subject, do you have an idea of some other countries and their collective responsibilities on retirement? everyo
are we going to have a progrowth, pro-investment, pro- middle-class economy? or are we going to keep having this trickle-down austerity economy? that is the real question here. in both places there is going to be a lot of lawsuits. the last thing i will say that illinois this as well, and why i think illinois in particular is political as opposed to economic. last year, the unions in illinois, led by the illinois federation of teachers, the unions in illinois actually negotiated with the state...
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Dec 9, 2013
12/13
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government shutdown and do keep the spending caps in place and don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple days. >> one issue still being debated extending long-term unemployment benefits. last week house mortgage leader nancy pelosi said any deal must include an extension but dick durbin said that is not the case. >> i don't think we've reached that point where we said this is it take it or leave it. what i hear from patty murray, i spoke to her the other night negotiations are making progress, moving in the right direction. >> congress has scheduled to begin its break this friday and not return until january the 7th. >>> well, a week after that deadly commuter train wreck in new york officials are upgrading signals. the new signals are expected to be up and running this morning. of course, four people were killed last sunday when a metro north train hit a stretch of track at nearly three times the speed limit. metro north now reducing the maximum speeds at 26 locations across the system. an attorney for the engineer op
government shutdown and do keep the spending caps in place and don't raise taxes at a time when the economy is still weak and i think we can accomplish that over the next couple days. >> one issue still being debated extending long-term unemployment benefits. last week house mortgage leader nancy pelosi said any deal must include an extension but dick durbin said that is not the case. >> i don't think we've reached that point where we said this is it take it or leave it. what i hear...
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Dec 4, 2013
12/13
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ALJAZAM
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gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and you'll get... the inside story ray suarez hosts inside story weekdays at 5 eastern only on al jazeera america >> you walk into a convenience store you should expect to be recorded by aut a security came camera. but the fbi have revealed that people at at one market have been preyed on for years one person was searched and jailed for six times for tresspassing on the property. >> this is the first arrest of earl sampson caught on video by his boss. it was the summer of 2012. the 28 gerald wa 28-year-old wag soda. you can see a police officer come inside and arrest sampson at the store. politthe police call it a hot s. they don't buy that sampson w
gun control... the gap between rich and poor... job creation... climate change... tax policy... the economy... iran... healthcare... ad guests on all sides of the debate. >> this is a right we should all have... >> it's just the way it is... >> there's something seriously wrong... >> there's been acrimony... >> the conservative ideal... >> it's an urgent need... and a host willing to ask the tough questions >> how do you explain it to yourself? and...
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Dec 5, 2013
12/13
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even though the economy may be a 2% economy. it's been stunning how profitable companies have been and remain -- >> stunning. >> and also their margins. >> because the shift of income has gone from labor and capital. there's big social implications. >> huge implications. >> i agree with that. and we can have that discussion separately. >> he's not trying to -- >> just wanted to make sure you were in the conversation, joe. >> counter productive to what he's trying to address. what would address it is growth. >> that's good stuff. >> people don't want another -- they want a job. minimum wage increase. >> a job that pays a certain, you know, decent living wage. >> trying to get -- >> that aren't spending, they're not going to hire as many people as before you raised it. >> if you raise the minimum wage, you get more money in 30 million people's pockets, they're going to spend money and -- >> why do you think a company does when it sees overall what it has to pay out on that side of the income statement and sees that go up. they're
even though the economy may be a 2% economy. it's been stunning how profitable companies have been and remain -- >> stunning. >> and also their margins. >> because the shift of income has gone from labor and capital. there's big social implications. >> huge implications. >> i agree with that. and we can have that discussion separately. >> he's not trying to -- >> just wanted to make sure you were in the conversation, joe. >> counter productive to...
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Dec 8, 2013
12/13
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WJLA
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maybe 'cuz its got the power and the fuel economy of an ecoboost engine. it doesn't matter what they're doin' on the other side of that fence. more guys count on f-150 than any other truck. shovels down. this is the ford f-150. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aids... ♪ aids is going to lose. aids is going to lose. ♪ like the enticing aroma and distinctive taste of nespresso. elegant capsules meet masterfully crafted machines, and one touch creates the perfect coffee, cappuccino, and latte. ♪ tempt all your senses with one extraordinary coffee. [ penélope cruz ] nespresso. what else? [ male announcer ] discover the world of nespresso at bloomingdale's, chevy chase and nespresso-us.com. avo: thesales event "sis back. drive" [ male announcer ] discover the world of nespresso
maybe 'cuz its got the power and the fuel economy of an ecoboost engine. it doesn't matter what they're doin' on the other side of that fence. more guys count on f-150 than any other truck. shovels down. this is the ford f-150. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is...
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majority will use the one person one vote electoral system to undo the inequality generated by the economy and so to prevent that the corporations control the parties the politicians the think tanks they give the money they provide the support and sold our politics becomes more and more disconnected from what the mass of people in detroit but in the country as a whole want and we get these outcomes that make no sense and that contradict the first basis of any real democratic system and what do you think about the pushback argument that you know it's either pay these promised pension funds or keep you till the service is operating you you make the choice i mean of course people are going to say well we have to keep the utility services operating. that's a little bit like saying to a person on the street i'm going to give you choice you can either have me stab you or i will know the answer to that the answer to that is never to argue which is the better way to go the answer to that is to say i don't mix. that choice and i don't accept the choice for detroit of either cutting the pensions or
majority will use the one person one vote electoral system to undo the inequality generated by the economy and so to prevent that the corporations control the parties the politicians the think tanks they give the money they provide the support and sold our politics becomes more and more disconnected from what the mass of people in detroit but in the country as a whole want and we get these outcomes that make no sense and that contradict the first basis of any real democratic system and what do...
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Dec 5, 2013
12/13
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ALJAZAM
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that has driven its economy. it has made men rich yet kept most here poor, and so see this moment as a season of change. >> last week, a california judge dealt the rail project a setback denying a request to speed up construction for a 14 mile route from fresno to bakersfield. >> in our next segment, south of the border where drug violence and heartache rule the streets. the people of ciudad juarez are playing for keeps. >> every morning from 5 to 9am al jazeera america brings you more us and global news than any other american news channel. find out what happened and what to expect. >> start every morning, every day, 5am to 9 eastern with al jazeera america. >> now a snapshot of stories making headlines, hezbollah is searching for whoever is responsible for the death of its military leader. the assassination took place after saudi arabia was accused of the deadly bombing in beirut last month. newtown families t 911 calls placed from the elementary school. 7 panicked calls recorded freedom of calls. the freedom o
that has driven its economy. it has made men rich yet kept most here poor, and so see this moment as a season of change. >> last week, a california judge dealt the rail project a setback denying a request to speed up construction for a 14 mile route from fresno to bakersfield. >> in our next segment, south of the border where drug violence and heartache rule the streets. the people of ciudad juarez are playing for keeps. >> every morning from 5 to 9am al jazeera america brings...
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Dec 6, 2013
12/13
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MSNBCW
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but we're at a point in our economy with income inequality in america. there's a lot of folks out there that flat out need a raise to lift them out of the poverty zone. you know, people in this country right now are not in the library. they're out in the street. and the national fast food strike that unfolded this week in 130 cities across the country, i think, is a message to our congress, you better wake up. the people are way ahead of you on this. fast food workers, what they did, is that they staged -- they staged a massive protest on thursday, calling for a liveable wage. thousands of protests, and roughly 130 cities around the country went on strike to protest the minimum wage, which stands at $7.25 an hour in this country. you know, folks, this is the largest wave of protests in the history of the fast food industry. workers, basically, are fed up. their demands are very simple. he they want to live a decent life while working hard a full-time job. but many are part time that don't qualify for benefits. many of them are just asking for 15 bucks an
but we're at a point in our economy with income inequality in america. there's a lot of folks out there that flat out need a raise to lift them out of the poverty zone. you know, people in this country right now are not in the library. they're out in the street. and the national fast food strike that unfolded this week in 130 cities across the country, i think, is a message to our congress, you better wake up. the people are way ahead of you on this. fast food workers, what they did, is that...
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Dec 7, 2013
12/13
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, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not surprisingly -- disappointingly not surprisingly, democrats said because of uncontrollable circumstances and 24% said lack of effort. for republicans, it was about exactly the reverse. 28% said uncontrollable circumstances versus 57% who said lack of effort. so, that is, of course, why the fake war on christmas that bill o'reilly is choosing to talk about is, you know, semantics rather than these issues of makers and takers, right? >> yeah. absolutely. and this whole thing of christmas versus holiday really is a distraction. it's a diversion from the statistics that you just pointed out. look. let
, to address these problems. >> and despite their efforts, the economy's actually growing. the biggest problem, though, unfortunately, main street isn't feeling it. how do we have a conversation on poverty? that's a reason why the president's conversation is refreshing because he acknowledged a biggest principles that's holding us back, lack of information with equal education and access for everyone. >> you know, joe, i wanted to share pugh took a look at why are people poor? not...
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Dec 7, 2013
12/13
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the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic growth. if i had to pick one thing, i would agree with what john had to say. what's the comparative advantage. how do we grow this economy in a competitive world. in particular, how do we empower, again, not just give, citizens through hardwork and thrift and all those things to enjoy the fruits of the growth, particularly the third that aren't getting the education. the kids, let's say, that aren't quality of education we need to be economically an innovative global economy. that's what i would focus on. more ect you're a little concerned
the economy is not performing we would like. real wages have been stagnant in our country for more than a decade. think about that. at the time when the cost of college and a whole host of health care is going up substantially. real wages have been frozen. you're all familiar with the budget problems that we face. there's a growing disparity have-nots haves and in our society. and that should concern all of us over time. allf these things are in some the interrelated with question of economic...
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naacp i want to hear directly from the economy. and the number of them are going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government. is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this tattle way that the methods which we have applied so far out adequate. but it's especially awkward and ironic for the corporate and political status for it to be marking on mandela's legacy today because the vast majority of these people still support apartheid say a system that gives racial discrimination legitimacy is alive and well in a little country called israel and every year three billion dollars of taxpayer money is used to sponsor israel's apartheid state and oppression against the palestinians so as we come right the life of an amazing leader and civil rights activist let's not let them white wash his real legacy. that's our show you guys thanks for watching have a great weekend we'll s
naacp i want to hear directly from the economy. and the number of them are going to try. to do. that i'm going to be a blue seat because you'll see us and we. have to continue talking peace and i'm biased against the government. is on the front page of text. on and on the defensive speaker and i think the time of come for us to come see them in the light to find speed and seize in this tattle way that the methods which we have applied so far out adequate. but it's especially awkward and ironic...
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Dec 10, 2013
12/13
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and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you think. tonight's question. will republicans ever admit saving the automobile industry was the right thing to do? text a. for yes, text b. for no to 67622. you can always go to our blog at ed.msnbc.com. we'll bring the results later in the show. i'm still waiting for the story on fox. they ought to be jumping up and down underneath the christmas tree, saying, we're out of the car business! we're finally done. it's over oh. whew. we dodged that bullet. no more obama motors. for more, let me bring in the mayor of lancing michigan, and leo gerard. great to have you with us tonight. >> happy to be here. >> i know you're busting at the seams, beca
and had a ripple effect through the economy where it turned things around. so when i talk about jobs and when i talk about commitment and infrastructure, and investment in america, this guy has had it right all along. au all the way back to 2009. and is here we are in almost 2014, and all the republicans could do is be against the working folk of america? merry christmas. get your cell phones out. i want to know what you think. tonight's question. will republicans ever admit saving the...
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Dec 7, 2013
12/13
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CNNW
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that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you consider that young people have been having such a tough time finding jobs in an anemic job market for the past five years. but as to why so many americans feel like the economy is going in the wrong direction is because of five years of experience. now, while these numbers should make us cautiously optimistic, gdp growth was 3.6%, but that's still very slow. we've had one of the slowest, worst economic recoveries in american history, and i think people are really feeling that, and i think maria couldwell. the economic uncertainty, if you're 50, you're thinking about the retirement, what will
that the economy is improving, 39% believe the country is still in a downturn. and then when you break it apart by age. >> right. >> 34% of people under 50 say we're still headed in a downturn. 45% of people over 50 say we're headed in a downturn. let's start with you, amy. why are people not feeling these good numbers? and why are older americans feeling them worse? i mean, why is it a worse experience for them? >> the generational question is an interesting one, when you...
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Dec 6, 2013
12/13
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BLOOMBERG
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the economy has 200-3000 jobs added last month. -- 200 thousand three -- the economy has 200,000 jobs added last month. more than estimated. and hedge funds are headed for year for the s&p 500 since 2005. bloomberg crunched the numbers and found the average hedge fund return just over seven percent through the end of october. that is 22 percentage points less than the s&p 500 returns. it is the fifth year in a row hedge funds have underperformed. and don't forget, they charged two and 20. and shinzo abe has increased tensions with china over the controversial air zone. they stepped out for in exclusive -- shinzo abe stepped out for an exclusive interview. >> because there are issues, all the more i think there is a need to have a meeting by the heads of state. i always keep my door open for a dialogue and i hope china will adopt the same dance. that is my hope. >> vice president joe biden, who is traveling in asia this week, urged japan and china to set up crisis management mitigation. >> lands and has been called the jewel in sears crown, but it has been a hidden one. buried deep ins
the economy has 200-3000 jobs added last month. -- 200 thousand three -- the economy has 200,000 jobs added last month. more than estimated. and hedge funds are headed for year for the s&p 500 since 2005. bloomberg crunched the numbers and found the average hedge fund return just over seven percent through the end of october. that is 22 percentage points less than the s&p 500 returns. it is the fifth year in a row hedge funds have underperformed. and don't forget, they charged two and...
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Dec 3, 2013
12/13
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CNBC
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opposite the case, as the economy improves should we like stocks more? it's a first-class quandary that we have to dive into headlong on "mad money" if we're going to figure out the market's move. it's distracted and a parlor game and we find you the best stocks and the best opportunities. the only focus on the fed's next move the last three years, you missed some of the single best moments to invest in our lifetimes. i regard that as terrible. i regard it as shameful because this fed-centric world presumes that the market is one big stock that is sent higher or lower by ben bernanke and janet yellin and it's the market as a marionette. my favorite credo is the opposite. the stocks represent companies and the companies march to many different drum e not just the fed drummer. some companies do better than higher interest rates and like the minerals and oils and most important, many companies do better because their managements are smart or incentive to create value. if you spend all of your time waiting for the fed to tell you what to do -- you missed so
opposite the case, as the economy improves should we like stocks more? it's a first-class quandary that we have to dive into headlong on "mad money" if we're going to figure out the market's move. it's distracted and a parlor game and we find you the best stocks and the best opportunities. the only focus on the fed's next move the last three years, you missed some of the single best moments to invest in our lifetimes. i regard that as terrible. i regard it as shameful because this...
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Dec 9, 2013
12/13
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BLOOMBERG
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>> this is the private economy. slowly recoverying on its own after the blow of late 2008 and early 2009. it is not the result of 0 i want rest rates. it is not the result of 85 billion a month being bought out in the bond market. it is just the slow healing of the economy and the fed should be getting out of the way, letting the market clear interest rates that would reflect real economics and real allocation of capital and risk. >> whether people like you or don't like you or agree with you, i should say, they know that you've got an interesting public policy past. from your vantage point, are fed chairman predictable? do you know as they come in pretty much how they will be or are they like supreme court justices where it's a crap shoot? >> i think now it's very unpredictable because we're in unchartered waters. this qe policy that we have today was inconceiveable even 10 or 15 years ago. they've made it up on the fly month after month meeting after meeting since the crisis of 2008. now they're so deep in the cor
>> this is the private economy. slowly recoverying on its own after the blow of late 2008 and early 2009. it is not the result of 0 i want rest rates. it is not the result of 85 billion a month being bought out in the bond market. it is just the slow healing of the economy and the fed should be getting out of the way, letting the market clear interest rates that would reflect real economics and real allocation of capital and risk. >> whether people like you or don't like you or...
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Dec 10, 2013
12/13
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they are not doing anything to improve the economy. last week, walmart opened in the district, 560 jobs were advertised, 23,000 people showed up to apply for 560 jobs. there are no jobs. upper marlboro, maryland. approximately 1.3 million extendedre receiving unemployment insurance benefits and they are set to lose them at the end of the year if congress does not act. three point 6 million additional people will lose access to benefits beyond 26 weeks by the end of 2014. those according to a report released last week by the president's council of economic advisers. the was the topic of editorial in today's "wall street journal." employedep workers on is the headline. another extension will not create more jobs says the editorial board of "the wall street journal." it ends saying the current system raises payroll taxes on employers even as 20 million americans are still unemployed or underemployed. none of this will help the economy create more jobs. say's "walll and street journal." we want to hear your thoughts. we have a special line
they are not doing anything to improve the economy. last week, walmart opened in the district, 560 jobs were advertised, 23,000 people showed up to apply for 560 jobs. there are no jobs. upper marlboro, maryland. approximately 1.3 million extendedre receiving unemployment insurance benefits and they are set to lose them at the end of the year if congress does not act. three point 6 million additional people will lose access to benefits beyond 26 weeks by the end of 2014. those according to a...